Vietnam to be destination for foreign investors

Vietnam has been exerting efforts to be continued destination for foreign
investors, said President of the Vietnam-Japan Friendship Parliamentarian Union Ho
Duc Viet.

Viet met a delegation of the Japan-Vietnam Economic Cooperation Committee under the
International Friendship Exchange Council (FEC), headed by the Committee's President
Masahiro Iwashita, in Hanoi on March 13, affirming that Vietnam would create
favourable conditions for FEC members to invest and do business in the country.

Viet, who is also politburo member and Secretary of the Party Central Committee and
Chairman of the Committee's Personnel Commission, stated that Vietnam has many
solutions to stablise macro-economy to reach high growth rate, but always pay
attention at sustainable development, socio-cultural issues, especially poverty
reduction.

Masahiro Iwashita informed that he was accompanied by 40 leaders of Japanese groups
and companies involving in chemistry, energy, transports and infrastructure.

The delegation made the visit to Vietnam to study Vietnam 's economic situation
to make a foundation for investment and develop economic relations between the two
countries.

FEC, a non-profit organisation of Japan , was set up in 1985 with over 1,500
members, who are former diplomatic officials, economists, businessmen and
intellectuals.

FEC operates basing on criteria for peace, prosperity, the era of
internationalisation, boosting people's diplomacy, and boosting relations with Asian
countries.-Enditem